Banking Weekly Current Affairs Quiz: 7–13 September 2026

The correct answer is 1 October 2026. The Ministry of Finance says a notification appointed that day as the date on which the provisions of the Act take effect. Option A is the trap most often set on this item, since that is the day the President gave assent to the Act; assent and commencement are separate steps and a law may take effect weeks or months after it is assented to. Option B is the other trap, because that is the date of the gazette notification itself, which fixed the commencement date rather than starting the Act. Option D is wrong because no such date appears anywhere in the release. For the examination hall, hold the three dates in order as a single chain: assent in August, notification in September and commencement in October, all in the same year. Questions are set on each of the three links.

The correct answer is Paris. The release states that the Prime Minister addressed the International Space Summit held in Paris, France, and that he joined the gathering through video conference. He thanked President Emmanuel Macron for the timely initiative behind the summit and for the gracious invitation extended to him, and he described it as the first summit of its kind. His closing appeal was framed around the city itself, asking that the Space Summit in Paris send out a clear message that nations will explore, innovate and protect space together. Berlin is therefore wrong, because the release makes no mention of Germany or of any German city in connection with this meeting. Rome is wrong for the same reason, as Italy does not figure anywhere in the account of the summit. Madrid is wrong as well, since Spain is not named at any point. Only France, its capital and its President appear in the release, which makes Paris the single defensible option here.

The correct answer is New Delhi. The release opens by saying that the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry was held on 9 September 2026 in New Delhi, India, and it closes with the ministers thanking the Government of India for the hospitality and the arrangements made for the meeting, which confirms India as the host. Option A, Jakarta, is a trap for the hurried reader, because Jakarta does appear in the release, but only as one of the two cities where the ASEAN-India Millets Festivals were held in 2023, the other being New Delhi. Option B, Manila, is not named anywhere; the Philippines is mentioned because the co-chair from the ASEAN side was its Agriculture Secretary, not because the meeting was held there. Option D, Bangkok, does not figure in the release at all. Candidates should link the ninth edition firmly with New Delhi and the tenth edition with the year 2028.

The correct answer is 1 January 2027. The release says in its headline points, and repeats at the very end, that the new rules shall come into force from January 1, 2027, which gives e-commerce entities a clear runway before compliance becomes mandatory. The three wrong options are all dates that sound administratively plausible, and this is precisely the trap: a candidate who remembers only that the amendment was made in 2026 may assume it applies at once, and pick the October date. It is worth separating the two years cleanly in memory. The amending instrument is titled the Consumer Protection (E-Commerce) (Amendment) Rules, 2026, because that is the year it was made, but the date of commencement falls in the following year. The rules it amends are the Consumer Protection (E-Commerce) Rules, 2020, which were notified under the Consumer Protection Act, 2019.

The correct answer is the Annual Survey of Unincorporated Sector Enterprises 2025, abbreviated as ASUSE 2025. The release states that the report, titled Unincorporated Sector at the District Level, draws upon ASUSE data to present the scale, structure and economic performance of the sector district by district, and that this is the first initiative of the National Statistics Office to disseminate district-level estimates from a large-scale nationwide survey. The other three surveys named in the options are genuine statistical exercises, which makes them convincing distractors, but none of them is mentioned in this release and none supplies these estimates. Remember the supporting details as well: the survey covers rural and urban areas across the country, it takes in manufacturing, trade and other services, and the data were collected on tablets using computer assisted personal interviewing, with relative standard errors reported so that users can judge reliability.

The correct answer is the Customs Act, 1962. The release names this statute twice in the same episode near the Indo-Bangladesh border, saying that because the person could not produce documents for lawful possession the gold was seized under the Customs Act, and that he was arrested under the relevant provisions of the same Act. The statute appears again in the case from Chandauli in Uttar Pradesh, where the occupants of a car could not show lawful possession of 22 recovered bars. The other three options name genuine laws that candidates often associate with economic offences, and that is exactly why they have been placed here, but none of them is mentioned in this release. Smuggling of goods across the customs frontier is dealt with under customs law, which is why the Directorate of Revenue Intelligence, functioning under the Ministry of Finance, proceeds under this Act.

The correct answer is the National Commission for Scheduled Castes. The release identifies Kishor Makwana as the Chairman of the NCSC and says the award recognises his dedicated service to that Commission and his contribution to advancing social justice, adding that the Commission has strengthened its role in safeguarding the constitutional rights of the Scheduled Castes under his leadership. Option A is the sharpest distractor, because the National Commission for Backward Classes does appear in the release, but in a different role: the ceremony was presided over by Hansraj Ahir, a former Chairman of that Commission. Option C and option D are national bodies that a candidate may confuse with the right one, yet neither is mentioned here. It is worth fixing the pairing in memory as a set, namely the recipient, the Commission he heads, and the award named after the former President of India.

The correct answer is Building for Resilience, Innovation, Cooperation and Sustainability. The Prime Minister named this theme while addressing the BRICS Business Forum in New Delhi, and said India had made the same mantra the base of its economic and trade policy over the past twelve years. The External Affairs Minister repeated the four words of the theme, resilience, innovation, cooperation and sustainability, while describing how India's Chairship has tried to carry the grouping's evolution forward. Option A is wrong because that line is the English rendering of Vasudhaiva Kutumbakam and was not given as the BRICS theme in this release. Option C is wrong because no such wording appears in the account of the Forum, although multilateral trade with the WTO at its core was indeed mentioned by the Commerce Secretary. Option D is wrong for the same reason, as it names no element of the announced theme. A paper setter will usually test the exact four-part wording, so it is worth memorising in order.

The correct answer is 37. The Ministry of Education says the exposition at Bharat Mandapam is showing that many Indian deep-tech start-ups and ventures, and that they were drawn from the larger group which had taken part in the first Bharat Innovates at Nice. Option D is the trap here, because that is the size of the original cohort at Nice rather than the number on show in New Delhi; a careless reading of the release swaps the two. Option A is wrong because thirteen was the number of thematic areas into which the Nice exposition was divided. Option B is wrong because fifteen was the number of institutes shown at Nice, among them the IITs, IISc, BIRAC and iDex. Keep the four numbers apart in memory by tying each to its own label, and note that the New Delhi figure is the one tied to this event.

The correct answer is more than 80 lakh, which the Ministry also writes as over 8 million doses. The figure covers the whole campaign since its launch in February 2026 and was announced as a milestone in the prevention of cervical cancer. Option A is wrong because that is the number of adolescent girls vaccinated in Uttar Pradesh alone, the highest for any single state. Option C is wrong because that is the size of the annual cohort of girls aged 14, taken from the Registrar General of India's estimates, and not the number of doses given. Option D is wrong because it misreads the crore and lakh scales and is far above anything in the release. This kind of question is best answered by keeping the national total, the leading state's figure and the annual cohort separate, since all three appear in the same release and are easy to interchange under time pressure.

The correct answer is 18.77 lakh. The Ministry of Housing and Urban Affairs says that is the total number of houses approved under the second phase of the mission after the ninth meeting of the Central Sanctioning and Monitoring Committee, and that cumulative sanctions are now nearing the twenty lakh mark. Option B is the closest trap, since that is the number of these houses allotted to women, which works out to ninety two per cent of the total. Option A is wrong because that figure belongs to the houses sanctioned for OBC beneficiaries. Option D is wrong because it is the combined record of the earlier phase and the present one taken together, of which more than one crore houses have already been completed and handed over. Read such questions carefully for the phrase under PMAY-U 2.0, which fixes which of the four numbers is being asked for.

The correct answer is 50:50. The release says both Drydocks World and Cochin Shipyard will each hold half of the joint venture, with the initial capital funded through equity contributions from both parties, and it describes the arrangement as a first-of-its-kind public-private partnership in India's ship repair sector. Options A, C and D are all wrong because no unequal split of any kind is mentioned; the equal holding is in fact the point the release stresses, since it makes both partners equally responsible for the facility at Cochin. Candidates often assume a majority stake for the Indian public sector partner in such ventures, which is exactly the assumption this question tests. Note as well that the venture will operate, consolidate and expand the International Ship Repair Facility rather than build a new yard from scratch.

The correct answer is Lothal in Gujarat. The release says the project reviewed by the Governing Council is coming up there, and that it seeks to revive and showcase a maritime legacy spanning over five millennia, with the aim of making the town a globally known centre of maritime heritage, knowledge, education and tourism. Option A is wrong, and it is the sharpest distractor because that site is also a Harappan settlement in the same state; the release names only the one town. Option C is wrong although the release's parent ministry signed a ship repair joint venture at that port city in the same week, which is a separate story. Option D is wrong because no such site appears here. Remember the pairing of the complex with Lothal, and with the Archaeological Survey of India, which is carrying out the excavation.

The correct answer is Ahmedabad. The Commission held the fifth conference in the series there, and the participants were students and teachers drawn from schools, colleges and universities across Gujarat. Options A, B and D are all wrong for this question because each city hosted one of the four earlier conferences in the same series: Patna in Bihar, Lucknow in Uttar Pradesh, Chennai in Tamil Nadu and Margao in Goa. Questions in this series are usually set on the order of the host cities, so learn the four earlier ones as a group and attach the fifth to Gujarat. Note also that the Chief Election Commissioner met Booth Level Officers of the state on the same day and praised their work in the Special Intensive Revision of the electoral rolls.

The correct answer is two. A pair of commemorative postage stamps was released in New Delhi on the sidelines of the 18th BRICS Summit to mark the completion of two decades of the grouping. The two stamps do not carry the same design. The first depicts the rise of BRICS as a platform for dialogue and cooperation, resting on the spirit of mutual respect, understanding and solidarity. The second carries the logo of India's Chairship along with the vision of 'humanity first' and a 'people-centric' approach that guided the Chairship year. Option A is wrong because a single stamp could not have carried both designs described in the release. Options C and D name larger numbers that are not supported by the announcement. A useful way to fix the answer is to link the number two with the phrase 'two decades' that the stamps themselves carry in their inscription.

The correct answer is Pradhan Mantri Ayushman Bharat Health Infrastructure Mission, shortened to PM-ABHIM. The Union Health Minister said the mission was framed after the COVID-19 pandemic, with the aim of strengthening the ability of the health system to answer future pandemics and public health emergencies while routine healthcare continues without disruption. Option A, the National Health Mission, is an older umbrella programme for health services and is not the scheme under which these blocks and laboratories were sanctioned. Option C, the Ayushman Bharat Digital Mission, deals with digital health records and identifiers rather than physical infrastructure. Option D, Pradhan Mantri Jan Arogya Yojana, is the health assurance arm of Ayushman Bharat that pays for treatment, not the arm that builds critical care blocks. Candidates should keep the three Ayushman Bharat limbs apart in memory: insurance cover, digital records and health infrastructure.

The correct answer is Uttarakhand. Badri cattle are described as an important indigenous cattle genetic resource of that state and are recognised as its state animal, which is why the conservation of the breed carries both a scientific and a symbolic weight there. The work was carried out jointly by the ICAR-National Dairy Research Institute at Karnal and G. B. Pant University of Agriculture and Technology at Pantnagar, which is itself in Uttarakhand, with financial support from the Uttarakhand Biotechnology Council at Haldi. Options A, C and D name other Himalayan states, each of which has its own recognised state animal, and they are offered here because a candidate may remember only that the breed belongs to the hills. Linking the breed name Badri with Uttarakhand, and remembering that the semen was supplied through the Uttarakhand Livestock Development Board, fixes the answer securely.

The correct answer is Ministry of Earth Sciences. The drive at Digha in East Midnapore was organised by this ministry, and the campaign was coordinated across the country by the National Institute of Ocean Technology at Chennai, which is an institute under the same ministry. The programme was inaugurated by Sreenivasa Rao Gangi Reddy, Joint Secretary in the ministry, at the Marine Aquarium and Regional Centre. Option A, the Ministry of Environment, Forest and Climate Change, handles forests, wildlife and pollution control and is a natural guess, but it was not named here. Option C, the Ministry of Ports, Shipping and Waterways, deals with ports and shipping rather than beach cleanup campaigns. Option D, the Ministry of Jal Shakti, works on rivers, drinking water and sanitation rather than marine litter. Candidates should attach the ocean-related institutes, namely NIOT and INCOIS, to the Ministry of Earth Sciences.

The correct answer is Mumbai. The two-day conference was organised by the Ministry of Labour and Employment in collaboration with the Government of Maharashtra and concluded in the city on the second day. It brought together representatives of the Union Government, the State and Union Territory governments, the BOCW Welfare Boards and other stakeholders to discuss welfare, skilling, employment and social protection for construction workers. Option A, New Delhi, is the default guess for a national conference and is therefore the most tempting wrong answer. Options C and D name other cities of Maharashtra, which is the partner state, and they test whether the candidate has the city right rather than only the state. A reliable way to hold the fact is to pair the host state with its capital here, since the state government was the partner in organising the conference.

The correct answer is 1891. The release states that the new Act replaces the Bankers' Books Evidence Act of that year and provides a modern framework for the use of banking records as evidence in keeping with the way banks work now. Option A is wrong, and it is a tempting choice because the Indian Evidence Act carries that year in general knowledge lists; the release, however, names only the banking records law. Option B is wrong for a similar reason, since that year belongs to the Negotiable Instruments Act and not to the statute being replaced here. Option D is wrong because that year is associated with the Banking Regulation Act and with the Reserve Bank's nationalisation, neither of which is touched by this notification. Candidates should remember the pair, the repealing Act of 2026 and the repealed Act of 1891, as one fact.

The correct answer is 2035. While outlining the road map for the country, the Prime Minister announced plans to establish an indigenous space station by 2035 and to send an astronaut to the Moon by 2040. These are the only two forward-looking dates given in the release, and the earlier of the two belongs to the space station. Option C, 2040, is a very tempting distractor because that year does appear in the release, but it is attached to the crewed lunar mission and not to the station, so a candidate who mixes up the two loses the mark. Option A, 2030, does not appear in the release at all and has simply been placed there because it looks like a plausible round-number goal. Option D, 2045, is likewise absent from the account of the address. The safest way to hold this pair in memory is as a sequence: the station comes first, the Moon landing follows five years later.

The correct answer is 2026-2030. The meeting looked forward to the adoption and implementation of the medium-term plan of action for cooperation in agriculture and forestry for 2026-2030, and the release sets out its four mutually reinforcing areas, namely policy dialogue with food security, trade, investment and resilient value chains; institutional networking, information exchange and digital innovation; capacity building, technology cooperation and joint research and development; and human-resource development with farmer exchanges and inclusive rural enterprise. Option A, 2021-2025, is the period of the plan that was being closed out, and the release praises the progress made under it, so it describes the past and not the future. Option C and option D are periods that do not appear anywhere in the release and have been placed here only to test whether the candidate has memorised the exact span. Note also that the same years, 2026-2030, cover the ASEAN sectoral plan for food, agriculture and forestry welcomed at this meeting.

The correct answer is 30 days. The amended rules provide that where a price reduction is announced, both the reduced price and the prior price shall be displayed, and they define the prior price as the lowest price at which the goods or services were offered during the thirty days preceding the announcement. The point of the provision is to stop the familiar trick of quietly raising a price and then advertising a discount from the inflated figure, because the reference point is now the lowest price in a fixed window rather than a figure of the seller choosing. The other options are periods that do not appear in the release. Candidates should tie this provision to the neighbouring ones in the same list, namely the ban on manipulating search results in a way that misleads users and the requirement that sponsored listings be identified through clear and prominent disclosures.

The correct answer is 757. The release says that estimates of the indicators are given for 757 out of the 770 districts available in the sampling frame at the time the ASUSE sample was selected. Option C is the sharpest distractor precisely because that figure also appears in the release, but it is the size of the sampling frame and not the number of districts actually shown, so the two must be kept apart. The gap between the two numbers is explained in the release itself. Lakshadweep and Chandigarh each have a single district, so their district estimates coincide with their union territory estimates and were already published. Delhi is excluded for a different reason, namely that its rural population is very small and its villages few, so all its districts were merged into one stratum and district estimates could not be generated. Options A and D do not appear anywhere in the release.

The correct answer is the Border Security Force. The release records that the DRI, acting in coordination with the BSF, seized 89 pieces of foreign-origin gold bars weighing around 11.3 kg from a person near the Indo-Bangladesh border at BOP Halderpara, and that the man, unable to produce documents of lawful possession, admitted his involvement and was arrested. The other options are real central armed police forces, but their names do not appear in this release, and only one other police agency is mentioned anywhere in it, namely the police of Chandauli in Uttar Pradesh, who worked with the DRI in the case of the bars hidden beneath the gearbox of a car. Candidates should remember that the same set of operations covered airports, rail routes and the land border, and that the total came to around 41 kg of gold worth about Rs 62 crore.

The correct answer is the Sansad Ratna Awards 2026. The release states that the award was presented during the sixteenth edition of the Sansad Ratna Awards, held at the Dr Ambedkar International Centre in the national capital, and it adds that the jury of the Sansad Ratna Awards Committee recognised the service of the Commission to the nation and to the cause of social justice. The same committee, along with the Prime Point Foundation, also nominated him for the honour. The other three names in the options have been built to sound like plausible award ceremonies, but none of them appears in the release. Candidates should carry the surrounding details as well, since questions are often framed around them: the Chief Guest was Union Minister of Coal and Mines G. Kishan Reddy, and former Chief Justice B. R. Gavai was present on the occasion.

The correct answer is 2006. The Prime Minister said the group was launched in that year with only four countries, and that the Forum was being held in the year the grouping completes twenty years. The External Affairs Minister made the same point in a different way, saying the year marks twenty years of institutionalised BRICS cooperation. Option A is wrong, though the year does appear in the release for another reason: the Commerce Secretary used it as the base year for intra-BRICS trade of USD 84 billion. Option C is wrong because no event of the grouping is dated to that year anywhere in the account of the Forum. Option D is wrong as well; that year is the one from which India counts its free trade agreements with nearly 40 countries. Candidates should hold on to the pair of facts together, the founding year and the four founding members, since questions often join them.

The correct answer is Nice in France. The release records that the first Bharat Innovates was held there from the fourteenth to the sixteenth of June 2026, under the India-France Year of Innovation, and that Prime Minister Narendra Modi and President Emmanuel Macron inaugurated it together. That edition showed the country's top deep-tech ventures across thirteen thematic areas along with fifteen institutes, drew participants from twenty-nine countries and ended with funding commitments for Indian ventures. Option C is wrong, although the city does appear in the release for a different reason: it hosted the BRICS Education Ministers' Meeting and the senior officials' meeting on education in August 2026. Options B and D are wrong because neither Switzerland nor the United Arab Emirates figures anywhere in the account of the programme. The France link is worth remembering together with the India-France Year of Innovation.

The correct answer is Karnataka. The Ministry places that state in a different band, saying it has achieved more than 85 per cent coverage of its identified target population rather than complete coverage. The four states listed as having reached full coverage are Gujarat, Uttar Pradesh, Madhya Pradesh and Mizoram, so options A, B and D are all wrong for this question. The release also notes a third band, with Bihar, Andhra Pradesh and Assam crossing 90 per cent, and a fourth with Chhattisgarh, Sikkim, Kerala, Telangana and Odisha crossing 60 per cent. Questions framed in the negative reward candidates who have learnt the bands as groups rather than as a single list of names. Fix the four full-coverage states first, then the three above ninety, and the rest follow easily.

The correct answer is Satendra Singh, Secretary, Department of Urban Development. The release says the meeting was held under his chairmanship in New Delhi, and that it was he who told the states the committee would meet in the second week of every month and asked them to submit duly approved projects by the end of each month. Option C is wrong, though the officer named did attend: he is the Joint Secretary and Mission Director for Housing for All, not the chair. Option A is wrong because no minister is recorded as presiding over this meeting; the committee is an official body of the Ministry. Option D is wrong because no such role appears in the release. Questions on sanctioning committees usually turn on who chairs them, so tie the post of Secretary, Department of Urban Development, to the CSMC.